Remove 2027 Remove Auditing Remove Corporation Tax
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IRS FIRE's going out for 2027 tax season

Accounting Today

EDT 1 Min Read Facebook Twitter LinkedIn Email Andrew Harrer/Bloomberg Tax year 2026 and filing season 2027 are the target date for retiring the Filing Information Returns Electronic, or FIRE, system. FIRE will not be available for submissions in filing season 2027.

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In the blogs: Breathing room

Accounting Today

Breathing room Current Federal Tax Developments ( [link] ): The critical updates of Notice 2025-33, which impacts digital asset brokers and their compliance obligations under IRC Sections 6045, 3406 and related penalty provisions, extend and modify previously granted transitional relief, "offering much-needed breathing room."

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The accountant's advantage over technology in fraud prevention

Accounting Today

By Paige Hagy July 9 Tax IRS FIRE's going out for 2027 tax season The Internal Revenue Service plans to shutter its Filing Information Returns Electronic, or FIRE, system.

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M&A roundup: Meaden & Moore; Platform Accounting expand

Accounting Today

Madison Street Advisors offers tax planning and preparation, focusing on audit mitigation strategies and reduction of audit profiles. It also offers bookkeeping services, audit defense and resolution, and other business services. "We

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Inside GASB's far-reaching agenda

Accounting Today

He hopes to issue an exposure draft, with another round of due process on a document written more like a final standard in early 2026 with a final standard expected in early 2027. Black expects to have an exposure draft out in probably the middle of 2026, with the final standard anticipated in mid-2027. Thats a big one," said Black. "I

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More winners and losers from the Trump tax bill

Accounting Today

The bill said that you had to have the asset placed in service by 2027 but also you had to start construction on that facility within one year of the enactment date," said Ian Boccaccio, principal and income tax practice leader at tax firm Ryan. "For There are more stringent requirements for renewable energy projects.

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Trump's law to cut US clean energy installs 41%

Accounting Today

annual clean-energy installations will plunge 41% after 2027, due to the rapid phase-out of wind and solar tax credits in President Donald Trumps sweeping economic legislation. EDT 1 Min Read Facebook Twitter LinkedIn Email Wind turbine foundation components at a construction hub at the Port of Providence in Providence, Rhode Island.